Argentina's YPF says to sell stake in electricity subsidiary to GE

07 Feb, 2018

GE will pay $276 million for the unit, YPF Energia Electrica, plus a contingency payment of $35 million with a closing date of Feb. 28, YPF said in a filing to the Buenos Aires stock exchange. Reuters had previously reported plans for the deal in December.

 

Copyright Reuters, 2018

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